1101 S 74th St - Apartments FOR SALE


Belleville, IL 62223
$599,000 USD
618-407-4240
1101 S 74th St, Belleville, IL for Sale
$599,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

1101 S 74th St
Belleville, IL 62223


HIGHLIGHTS

  • New roof and decking installed in 2023
  • Located near IL Route 15 and North Belt West
  • Surrounded by retail, schools, and public transit
  • Brick construction with 32 on-site parking spaces
  • Generates $8,974 in monthly rental income

OVERVIEW

16 Unit 1 bed/1 bath Apartment Building each unit 600 SF. New Roof & Decking in 2023. Located 1/2 mile from North Belt West. Only One mile to IL Rt 15 interchange. Currently $8,974 in monthly income Financials Available upon request

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$62 USD /SF

# OF UNITS

16

PRICE/UNIT

$37,438

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

16 Unit Multi-Family Investment

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

B-1

APN/PARCEL ID

07-11.0-404-001

ASK ABOUT THIS PROPERTY

Tony SmallmonBarberMurphy GroupMore Info
618-407-4240

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Tony SmallmonBarberMurphy GroupMore Info
618-407-4240

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.